British Energy Group Plc (LON:BGY) to Release Preliminary 2007 Earnings May 28

Atlanta, GA 5/16/2008 01:56 PM GMT (TransWorldNews)

British Energy Group Plc (LON:BGY) will release the preliminary earnings for 2007 on Wednesday, May 28.  The financial results will be posted on the company’s website under the Investor Relations section at british-energy.com/pagetemplate.php?pid=79.


 


British Energy Group plc is engaged in the generation and sale of electricity. The Company, together with its subsidiaries, operates eight nuclear power stations and one coal-fired power station in the United Kingdom.


 


British Energy’s subsidiary, British Energy Generation Limited, owns and runs the Company’s nuclear power stations and supplies businesses with electricity. Its client-facing division is responsible for negotiating electricity supply contracts with commercial and industrial customers. Eggborough Power Limited, the Company’s subsidiary, operates its coal-fired power station.


 


In May 2007, Nuclear Liabilities Fund Limited (NLF) disposed of 25% stake in the Company.


 


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